ICICI Pru AMC Soars 20% on Debut; Stellar Listing for Top Mutual Fund Manager

• ICICI Pru AMC shares listed at a 20% premium, opening at ₹2606.20 on BSE and ₹2600.00 on NSE against an IPO price of ₹2165.
• The IPO received an overwhelming response, oversubscribed 39.17 times overall, with QIBs subscribing 123.87 times.
• The ₹10,602.65 crore IPO was an Offer For Sale by Prudential Corporation Holdings Limited; no new shares were issued.
• ICICI Pru AMC is a leading asset management company, managing the highest number of mutual fund schemes (143) in India.
• The company demonstrates robust financial health, with net profit growing from ₹1,515.78 crore (FY23) to ₹2,650.66 crore (FY25).

Why It Matters: ICICI Pru AMC's strong IPO debut reflects investor confidence in its market leadership and financials.